AUD/USD – 1H – SELLThe currency pair jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at is certain.
Caution: A possible trend reversal in the direction of resistance at 0.66099 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.66611 |
| 2nd High | 0.66465 |
| Next High | 0.66099 |
| Current Price | 0.65561 |
| Next Low | |
| 2nd Low | |
| 3rd Low |